ICPC intercepts N5.9bn diverted funds, recovers N10bn COVID-19 fund
Operatives of the Independent Corrupt Practices and Other Related Offences Commission (ICPC) have intercepted the sum N5.882 billion that was about to be diverted by different Ministries, Departments and Agencies.
The anti-graft agency also recovered the sum of N10 billion meant for COVID-19 vaccine production and returned it to the treasury as well as recovery of the sum of N10.986 billion in value-added tax (VAT) and remitted it to FIRS.
The Chairman of the ICPC, Musa Aliyu, who disclosed this at the headquarters of the commission, Abuja, on Tuesday during an end-of-the-year engagement, revealed that the commission also recovered $966,900.83 in foreign currency and has kept it in ICPC’s Central Bank of Nigeria account.
The engagement, which was scheduled to mark Aliyu’s one-year in office, had different dignitaries in attendance including the Chairman of the EFCC, Ola Olukoyede; the Commissioner of Sierra Leone’s Anti-corruption Commission, Francis Kaifala, among others.
- Suspension of LG Chairmen Unconstitutional, PDP tells Edo Assembly
- Why we endorsed Tinubu for second term – N/Central APC Forum
Speaking at the event, Aliyu, a Senior Advocate of Nigeria, said the commission finalised the forfeiture of assets valued at N2.5 billion and blocked the diversion of the N5.882 billion while conducting Systems Study and Review (SSR) for 323 Ministries, Departments, and Agencies (MDAs) of government.
He explained that SSR for MDAs was conducted through its Ethics and Integrity Compliance Scorecard (EICS).
In his keynote address, the Commissioner of Sierra Leone’s Anti-corruption Commission, Francis Kaifala, called for a regional action to tackle corruption in Africa, adding that Nigeria’s corruption fight has inspired his country to improve its legal framework in the fight against corruption.
On his part, the Director-General of the Bureau of Public Procurement (BPP), Adebowale Adedokun, has reaffirmed his commitment to ensuring transparency and accountability in Nigeria’s procurement system.
Disclaimer: The information contained in this content is for general purpose only and is generated from different sources other than MenBills Colony. Kindly report any fake news or false statement to support@menbills.com.ng
Samuel4
on ”It’s amazing how few years can make a difference in a persons life, congratulations to him” – Rapper Zlatan Ibile gifts himself a brand new customized Maybach van worth N375Million for his 30th birthday (Video)
18-12-2024 11:17:31am
tbabe28
on Mercy Aigbe loses home to fire outbreak
05-12-2024 02:44:40pm
Paramount72
on Husbands of female ministers suffer loneliness – Mike Bamiloye
29-11-2024 06:04:28pm
Samuel4
on ‘My wife was pregnant for another man inside marriage’
27-09-2024 04:43:01am
Ishiro
on ‘My wife was pregnant for another man inside marriage’
23-06-2024 11:38:24am
Ishiro
on ‘My wife was pregnant for another man inside marriage’
23-06-2024 11:38:14am
Oladunni
on ‘My wife was pregnant for another man inside marriage’
22-06-2024 04:19:58pm
Candy100
on Man who made allegations against E-Money and late Junior Pope’s wife publicly apologizes
22-06-2024 08:02:49am
Candy100
on BREAKING: Kano Govt Makes Fresh Announcement Over Emir Sanusi Amid Tussle In Kano
21-06-2024 08:15:39pm
Candy100
on 2027: Obi gives condition for merger with PDP
21-06-2024 08:10:14pm
Candy100
on Hajj: Last set of FCT pilgrims to report at camp today
21-06-2024 08:09:27pm